415 W Beauregard Ave - Hospitality FOR SALE


San Angelo, TX 76903
$1,000,000 USD
512-338-7839
415 W Beauregard Ave, San Angelo, TX for Sale
$1,000,000 USD
Hospitality - FOR SALE
1/22
null | Request Cap Rate

415 W Beauregard Ave
San Angelo, TX 76903


HIGHLIGHTS

  • 415 W Beauregard Avenue is home to EconoLodge San Angelo, a non-operational, 75-room Choice franchise hotel.
  • Historic city in West Texas, home to Angelo State University, Goodfellow Air Force Base, San Angelo State Park, and San Angelo Regional Airport.
  • Choice opportunity where RevPar in the Texas West market is $62 (1.9% over the past year), and revenue has grown 0.7% in the past 12 months.
  • Demand drivers include the Railway Museum, Fine Arts Museum, Concho River Walk, year-round live music performances, and the San Angelo State Park.
  • San Angelo major employers include Goodfellow Air Force Base, Shannon Medical Center, San Angelo Public School System, and Angelo State University.

OVERVIEW

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Econo Lodge (‘Hotel’ or ‘Property’) located in San Angelo, Texas. The Choice Hotels International-branded Hotel is being offered at $1,000,000 or $13,333 per key. The Econo Lodge is located at 415 W Beauregard Avenue and offers a unique investment opportunity to join the Choice Hotels franchise in San Angelo, Texas. This 1.02-acre commercial parcel features the non-operating Econo Lodge, a 44,161-square-foot, three-story hotel with 75 rooms. Amenities include meeting event space, an indoor pool, on-site laundry, vending machines, and approximately 70 parking spaces. Each room is equipped with a coffee maker, flat-screen TV with premium cable, refrigerator, microwave, and comfortable beds. The hotel has three suites and 72 standard guest rooms, with prominent rooftop signage visible to over 11,100 passing cars daily. Econo Lodge San Angelo is centrally located off Highway 87, providing easy access to Angelo State University and the Junell Center/Stephens Arena. Nearby, travelers can enjoy golf at the Santa Fe Park Golf Course or visit Santa Fe Park. The hotel is within walking distance of numerous restaurants, the River Walk, and downtown amenities including pharmacies and gas stations. Goodfellow Air Force Base, the International Water Lily Garden, and Shannon Medical Center are also less than a mile away. San Angelo Regional/Mathis Field is conveniently located under 10 miles from the hotel. The Texas West Area hospitality market is strategically positioned at the crossroads of US Routes 67, 87, and 277. San Angelo's growing population and robust economic outlook are driven by key employers like Goodfellow Air Force Base, which specializes in military training. The region also has strong energy, agriculture, and telecommunications sectors. With Shannon Medical Center serving as a regional healthcare hub and Angelo State University hosting over 10,000 students, the city boasts a vibrant cultural scene with institutions like the San Angelo Symphony and Museum of Art. Outdoor recreational activities abound along the Concho River and in San Angelo State Park.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$23 USD /SF

# OF ROOMS

75

PRICE/ROOM

$13,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Non-Operating EconoLodge, Choice Franchise

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1973

PARKING SPACES

74

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,488 SF

ZONING

CBD

APN/PARCEL ID

23-41700-0330-002-00,23-41700-0330-009-00

ASK ABOUT THIS PROPERTY

Alex CurryMarcus & MillichapMore Info
512-338-7839

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Alex CurryMarcus & MillichapMore Info
512-338-7839

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.